E-commerce

Product recommendation startup raises $400,000 to roll out in western markets

Ukrainian startup Softcube has just raised $400,000, including $200,000 from Digital Future, a Kyiv (Kiev)-based seed-stage fund, and another $200,000 from two individual investors. The terms of the deal have not been disclosed. Softcube does three things: it collects customer behavior data, uses algorithms to analyze it and creates ways to get in touch with …

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E-commerce players from 30 countries to meet in Shanghai to discuss cross-border opportunities (May 18-19)

Next month in Shanghai, the 5th China Cross-Border eCommerce Conference & Exhibition will attract more than 500 participants, including renowned industry players and experts from more than 30 countries. The event will be divided into two tracks: “Import to China” on day 1 (May 18) and “Export from China” on day 2 (May 19). The key industry …

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Crimea still Ukrainian territory on TripAdvisor’s maps; Russian MP wants to ban the US company

Last week Oleg Mikheyev, a member of the State Duma (the lower house of the Russian parliament), requested the Prosecutor General to inquire into TripAdvisor, whose website displays Crimea as being a Ukrainian territory. This misrepresentation could be enough to ban the US company from operating in Russia, suggests Mikheyev. “In the present time, all possible …

Crimea still Ukrainian territory on TripAdvisor’s maps; Russian MP wants to ban the US company Read More

Ukrainian e-commerce players invited to major industry event in Berlin (April 27)

E-commerce Berlin Expo, an international event targeting e-commerce industry players from Western, Central and Eastern Europe, will be held on April 27, 2016 in Berlin, Germany. The fair will gather more than 80 exhibitors from Germany and abroad to highlight the following areas: sales support, IT, law, marketing, TSL/courier services, accounting, consulting. Participation in the …

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Ukrainian social commerce startup wins third prize at SVOD Europe

Last week Wishround, a Ukrainian startup developing an innovative social commerce solution, came in third place at the startup competition of the SVOD Europe conference. Supported by Google, the event was held on January 27-28 at the US firm’s European headquarters in Dublin. Presenting itself as “Europe’s number one friends fund-raising platform,” Wishround enables group payments via social networks. After filling in information …

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PrivatBank launches B2B and B2B marketplace

Last week PrivatBank, a major Ukrainian bank, unveiled the beta version of PrivatMarket, a new B2B and B2C online marketplace. An account at PrivatBank is required for companies to use the marketplace. Sellers may display company and product information, and search for buyers. Companies may also participate in tenders —  including government tenders, which are managed …

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AliExpress resumes deliveries to Crimea

AliExpress, the B2C subsidiary of Alibaba which last year became the number one online marketplace in Russia, has resumed delivery to Crimea. Just months ago, the Chinese platform had stopped serving the disputed peninsula. It was assumed that Alibaba was complying with western sanctions, which bar companies from working in this peninsula. The news was announced earlier this month …

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Ukraine’s Nova Poshta launches international freight, mail delivery services

Ukrainian private postal delivery and logistics company Nova Poshta on Nov. 17 expanded its international subsidiary to provide services to over 200 countries. Last year Nova Poshta had created a separate brand in its structure — Nova Poshta International — to ship freight and deliver mail to Moldova and Georgia. Now the international daughter company is also in …

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State regulation, mobile commerce and electronic payments discussed in major e-commerce event

A major e-commerce event took place in Kyiv (Kiev) on October 24, attracting 600 industry representatives. Among them, no fewer than 63 founders and directors of large online stores, trading platforms, financial services, investment companies and delivery services shared their views as panelists or speakers. Among the discussed topics were state regulation issues, investments in …

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Ukrainian grocery delivery service enters US market

Earlier this week Zakaz.ua, Ukraine’s leading online grocery delivery operator, launched its service in Boston, USA, under the CartFresh brand. Russo’s, a family-run market known for its fresh fruits and vegetables and cheese selection, has teamed up with the startup to expand its customer base, reports Beta Boston. The Ukrainian startup landed in Boston several months ago as a participant …

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Kyiv event to highlight key e-commerce trends and industry issues

As many local and international online retailers still report significant growth in Ukraine – regardless of the economic turmoil – the Ukrainian E-Commerce Congress will attract top representatives of hundreds of Ukrainian online and offline businesses, as well as service providers and industry experts. The event will take place in the Ukrainian capital on Oct. …

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